Acquired Credit Impaired Loans

6 Months Ended

Jun. 30, 2016

Receivables [Abstract]

Acquired Credit Impaired Loans

Acquired Credit Impaired Loans

The following table provides at June 30, 2016 and December 31, 2015 the major classifications of acquired credit impaired loans that are accounted for in accordance with FASB ASC 310-30 (in thousands):

	June 30, 2016		December 31, 2015
Commercial & industrial	$	1,363	1,191
Commercial, secured by real estate	6,249		7,877
Residential real estate	2,941		3,039
Consumer	20		27
Agricultural	—		48
Other loans, including deposit overdrafts	471		486
	11,044		12,668
Less allowance for loan losses	1		—
Loans, net	$	11,043	12,668

The following table provides the outstanding balance and related carrying amount for acquired credit impaired loans at the dates indicated (in thousands):

	June 30, 2016		December 31, 2015
Outstanding balance	$	14,369	16,507
Carrying amount	11,043		12,668

Activity during the six months ended June 30, 2016 and 2015 for the accretable discount related to acquired credit impaired loans is as follows (in thousands):

	2016			2015
Accretable discount at beginning of year	$	1,503		2,674
Accretable discount acquired during period	—			413
Reclass from nonaccretable discount to accretable discount	307			943
Less disposals	(3		)	(857	)
Less accretion	(439		)	(1,404	)
Accretable discount at end of period	$	1,368		1,769